6 Articles match "Cleveland","Foreclosures","Real Estate"

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• Thieves Have the New Foreclosure Math Down
  
  It doesn’t take a mental giant to do the new math of the foreclosure crisis. Here’s all you have to factor into the equation in order to successfully perform the new math: 1) There are many areas around the country where foreclosures are abundant. Stories are starting to appear from all over the country , particularly from areas where foreclosure saturation is pretty heavy, about metal scrappers breaking into vacant foreclosures and ripping out copper plumbing, stealing kitchen stoves, and anything As a matter of fact, it’s as easy as two plus two. Pick your favorite.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Lenders help their customers curb foreclosures
  
  headquartered in Cleveland, Ohio — is working with churches, social workers and the United Way to help troubled borrowers avoid foreclosure. Launch-Point helps job-hunting mortgage customers prepare resumes, practice for job interviews, find job openings and evaluate how the real job interviews went. The $3 million investment has prevented $15 million in likely foreclosure losses. As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks are increasingly testing new strategies
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• How Can Financially-Troubled Homeowners Prevent Foreclosure?
  
  For the 112,210 Americans who entered the foreclosure pipeline in September, the answer is simple: Talk to your lender at the first sign of trouble. Lenders want to keep troubled borrowers in their homes and out of foreclosure. For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? Call immediately and ask to speak with the “loss mitigation”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Seattle, Wash.
  
  Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. The Seattle market is not what you see on the news, hear on the radio, or read in the paper in terms of the rest of the nation’s foreclosure woes. Out of those nine contracts, nine have been beat by better offers. I
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Tops PMI's Risk Index
  
  Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Given that fact, it is no surprise that two out of those four metros also documented some of the highest foreclosure rates in the country for all of 2006. According to RealtyTrac’s year-end report for 2006 , Detroit led the nation’s 100 largest metro areas in foreclosure rate, reporting that 4.9 Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New York Versus Freddie Mac: Round One
  
  big chunk of the real estate market will close down. This seems to make a lot of sense until you enter the real world. An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. Such investors are essentially buyers of IOUs secured by real estate, IOUs which hopefully New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
  www.realtytrac.com - Tuesday, February 3, 2009
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